FMC clamps down on Cosco fine late-payment with threat of hefty penalty
The Loadstar · Oct 7, 2026
Concerns of the second Trump administration pulling punches when it came to administering the Federal Maritime Commission (FMC) appear to have been strongly disproved, with the regulator threatening Cosco with a $16.7m penalty over a delay in paying a fine. To make it even more apparent that the Laura DiBella-chaired commission is serious in its pledge to level the playing field between US shippers and the global container sector, the initial ...
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